CNH to release 2023 Fourth Quarter & Full Year financial results on February 14 Basildon, January 26, 2024 CNH (NYSE:CNHI) will release its financial results for the Fourth Quarter and Full Year of 2023 on Wednesday, February 14, 2024. A live audio webcast of the financial results conference call will begin at 9:30 a.m. ET (2:30 p.m. GMT / 3:30 p.m. CET) on the same day. It will be accessible at the following address: bit.ly/CNH_Q4FY_2023. For those unable to participate in the live session, a replay will ...

Wall Street expects a year-over-year increase in earnings on higher revenues when CNH Industrial (CNHI) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the s ...

CNH invests in ecofriendly bale storage innovator Nature's Net Wrap Basildon, January 23, 2024 CNH, through our investment arm CNH Ventures, is supporting the scientific development of the first viable compostable net wrap for bales in agriculture. Our investment in the Canadian start-up Nature's Net Wrap aims to accelerate their mission to eliminate waste from the process of collecting and storing crops. Shifting to compostable net wraps has the potential to significantly benefit farmers. It will reduce l ...

CNH Industrial N.V. (NYSE:CNHI) Q3 2023 Earnings Conference Call November 7, 2023 9:30 AM ET Company Participants Jason Omerza - VP of IR Scott Wine - CEO Oddone Incisa - President and CFO Conference Call Participants Steven Fisher - UBS Nicole DeBlase - Deutsche Bank Michael Feniger - Bank of America David Raso - Evercore ISI Timothy Thein - Citi Tami Zakaria - JPMorgan Daniela Costa - Goldman Sachs Kristen Owen - Oppenheimer Operator Hello, and welcome to the CNH Industrial Third Quarter Conference Call. ...

1 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR Commission File Number: 001-36085 CNH INDUSTRIAL N.V. (Exact name of registrant as specified in its charter) Registrant's telephone number including area code: +44 207 925 1964 Former name, former address and former fiscal year, if changed since last report: N/A Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol ...

Adopted in 2023 5. EARNINGS PER SHARE The effective tax rates for the three months ended June 30, 2023 and 2022 were 22.9% and 30.3%, respectively. The 2023 effective tax rate for the three months ended June 30, 2023 was reduced by tax benefits related to the sale of CNH Industrial Russia. The 2022 effective tax rate was increased by the discrete tax charge from the sale of Raven's Engineered Films division. The effective tax rates for the six months ended June 30, 2023 and 2022 were 24.9% and 31.5%, respec ...

CNH Industrial N.V. (NYSE:CNHI) Q2 2023 Earnings Conference Call July 28, 2023 9:30 AM ET Company Participants Jason Omerza - Vice President of Investor Relations Scott Wine - Chief Executive Officer Oddone Incisa - President & Chief Financial Officer Conference Call Participants Nicole DeBlase - Deutsche Bank Mig Dobre - Baird Steven Fisher - UBS Kristen Owen - Oppenheimer David Raso - Evercore ISI Tami Zakaria - JPMorgan Gabriele Gambarova - Banca Akros Jamie Cook - Credit Suisse Daniela Costa - Goldman S ...

Q2 2023 RESULTS REVIEW July 28, 2023 Q2 2023 | MAIN ACHIEVEMENTS Q2 2023 | RESULTS (1) Non-GAAP measures (definition and reconciliation in appendix) CONSTRUCTION MOMENTUM Capitalizing on Sampierana product and technology integration STRATEGIC PRIORITIES Compass Room Daily Management System ($M) Q2 2022 Q2 2023 Adjusted Diluted EPS1 (1) Non-GAAP measure (definition and reconciliation in appendix); (2) At Constant Currency 4,722 4,890 Q2 2022 Q2 2023 +5% @CC2 +4% +360 bps 27.0% 23.4% Q2 2022 Q2 2023 16.8% 14. ...

Financial Performance - Total revenues for the three months ended March 31, 2023, were $5,342 million, an increase of 15% compared to $4,645 million for the same period in 2022[33]. - Net income for the first quarter of 2023 was $486 million, up from $336 million in the same quarter of 2022, representing a 44.6% increase[36]. - The agriculture segment generated revenues of $3,927 million for the three months ended March 31, 2023, compared to $3,377 million in the same period of 2022, marking a 16.3% increase[33]. - The construction segment reported revenues of $849 million for the first quarter of 2023, up from $803 million in the same quarter of 2022, a growth of 5.7%[33]. - Revenues from sales of goods reached $4,767 million, up from $4,174 million, reflecting a growth of 14.2% year-over-year[48]. - Total revenues from sales of goods and services amounted to $4,776 million, compared to $4,180 million in the previous year, indicating a 14.2% increase[48]. - Total retail revenues for the company reached $11,673 million, with a total of 83 charge-offs reported[53]. - Total retail revenue for 2022 reached $11,446 million, an increase from $11,338 million in 2021, representing a growth of 0.96%[54]. - Net income for the three months ended March 31, 2023, was $408 million, compared to $336 million for the same period in 2022, reflecting a year-over-year increase of about 21%[105]. - Financial Services Net Income was $78 million for the three months ended March 31, 2023, compared to $82 million in the same period of 2022[137]. Assets and Liabilities - Total assets increased to $40,566 million as of March 31, 2023, compared to $39,381 million at December 31, 2022, reflecting a growth of 3%[20]. - Total liabilities rose to $33,115 million as of March 31, 2023, compared to $32,405 million at December 31, 2022, an increase of 2.2%[20]. - Cash and cash equivalents decreased to $3,213 million as of March 31, 2023, down from $4,376 million at December 31, 2022, a decline of 26.6%[20]. - The company reported total costs and expenses of $4,716 million for the three months ended March 31, 2023, compared to $4,171 million for the same period in 2022, marking an increase of approximately 13%[105]. - Total debt, including payables to the Iveco Group, increased to $23,609 million as of March 31, 2023, compared to $23,118 million at December 31, 2022[110]. - The aggregate of cash and cash equivalents, restricted cash, undrawn facilities, and other current financial assets totaled $9,676 million as of March 31, 2023, down from $10,632 million at December 31, 2022[108]. - The balance of warranty and accruals for campaign programs at the end of March 2023 was $551 million, up from $501 million at the end of March 2022, representing a 9.96% increase[61]. Cash Flow and Operating Activities - Net cash used in operating activities improved to $(701) million from $(887) million year-over-year[37]. - Cash and cash equivalents and restricted cash at the end of the period were $4,005 million, slightly down from $4,061 million at the end of the previous year[37]. - Cash and cash equivalents decreased to $3,213 million from $4,376 million, a decline of 26.6%[140]. - Net cash (debt) position worsened to $(18,984) million from $(17,434) million, indicating a decline in liquidity[140]. - The company is focusing on cash preservation and leveraging its access to funding to maintain financial strength and liquidity[141]. Acquisitions and Investments - The company acquired Augmenta Holding SAS for approximately $79 million and Bennamann LTD for approximately $51 million in March 2023[41]. - The company recorded preliminary goodwill of $76 million and intangible assets of $35 million from the Augmenta acquisition[41]. - The Company recorded $81 million in intangible assets from the Augment and Bennamann acquisitions during Q1 2023, with asset valuations still pending finalization[70]. Research and Development - Research and development expenses increased to $231 million in Q1 2023 from $184 million in Q1 2022, indicating a focus on innovation[93]. - Research and development expenses for the three months ended March 31, 2023, were $231 million, up from $184 million in the same period of 2022, indicating a focus on innovation[105]. Market and Strategic Focus - The company is focused on expanding its market presence and enhancing its product offerings through new technologies and strategic initiatives[52]. - North America sales increased by 26.5% to $1,488 million in Q1 2023, contributing significantly to overall revenue growth[99]. - The company has exposure to various legal risks, which could potentially impact its financial position and results, although the reasonable possible range of losses is not expected to have a material effect on financial statements[61]. - CNH Industrial is exposed to various legal risks, including product liability and environmental risks, which may impact future operations[147]. Other Financial Metrics - Adjusted EBIT for Q1 2023 was $570 million, an increase of $144 million compared to $426 million in Q1 2022, with an adjusted EBIT margin of 14.5%[100]. - The effective tax rate for Q1 2023 was 27.6%, down from 33.5% in Q1 2022, influenced by discrete tax expenses from prior periods[97]. - The total performing loans for North America in 2023 were $7,160 million, while non-performing loans were $650 million[53]. - The total notional amount of interest rate derivatives was approximately $7.4 billion as of March 31, 2023, compared to $6.4 billion at December 31, 2022, reflecting a growth of 15.6%[66]. - The receivables balance greater than 30 days past due was 1.4% as of March 31, 2023, slightly up from 1.3% in the previous year[103]. - Other net expenses were $163 million for the three months ended March 31, 2023, down from $183 million in the same period of 2022[130]. - Foreign exchange losses for Industrial Activities were $6 million for the three months ended March 31, 2023, compared to $13 million in the same period of 2022[137].

CNH Industrial N.V. (NYSE:CNHI) Q1 2023 Results Conference Call May 5, 2023 9:30 AM ET Company Participants Jason Omerza - Vice President of Investor Relations Scott Wine - Chief Executive Officer Oddone Incisa - President and Chief Financial Officer Conference Call Participants Daniela Costa - Goldman Sachs Michael Feniger - Bank of America Jamie Cook - Credit Suisse Steven Fisher - UBS Tami Zakaria - JP Morgan Larry De Maria - William Blair Marta Bruska - Berenberg David Raso - Evercore ISI Mircea Dobre - ...